Thursday, April 17, 2014

GAZPROM `LEVEL TURKMENISTAN'S GAS RESERVES PREVENTS COUNTRIES TO INCREASE EXTRACTION

`Gazprom`: LEVEL Turkmenistan#39;s gas reserves prevents countries to increase extraction

The head of Gazprom Alexei Miller called #39;phantom#39; idea of an international consortium for the transport of gas from new fields of Turkmenistan to Europe via Kazakhstan, Russia and Ukraine, and questioned the ability Ashgabat double production, the newspaper Kommersant. With the idea to invite Turkmenistan in such a consortium recently spoke Ukrainian President Viktor Yushchenko, who is hoping to conclude a 25-year contract providing for an increase in the supply of Turkmen gas. But Miller after talks with Yushchenko made it clear he does not believe in such a possibility. #39;For Professionals situation with stocks (Turkmen) gas obvious#39; - said Miller.


The publication refers to unofficial information Gazprom, according to which the statement of Turkmenistan#39;s readiness to increase gas production in 2009 for a few years to 120 billion cubic meters or more (now - about 55 billion) are not supported by the level of inventories.